Data Center Opportunities - Elliot Road Technology Corridor

Elliot Road Technology Corridor is uniquely positioned to offer more than one thousand acres of shovel-ready sites with robust infrastructure and a streamlined entitlement process – perfectly suited for a data center operation. Apple is locating its $2 billion global command center in the Corridor.

SHOVEL-READY SITES

The Corridor boasts more than one thousand acres of shovel-ready sites available for development, all serviced by the appropriate infrastructure (electric, natural gas, water/wastewater), dark fiber availability, and a streamlined entitlement process.

ROBUST INFRASTRUCTURE

Large Redundant Power Capacity – The Corridor is adjacent to Salt River Project’s (SRP) 500kV, 230kV and 69kV transmission lines and Browning receiving station. Perfect for companies needing large amounts of redundant, dedicated power (20MW or more). www.srpnet.com

Robust Dark and Lit Fiber Network – SRP owns and operates the largest independent fiber network in Arizona which includes 1,600 route miles of dark fiber and is physically diverse from incumbent networks. SRP provides redundant dark fiber to the Corridor allowing easy access for customers. Lit fiber provided by Cox and CenturyLink. Zayo will soon be coming to the area with dark and lit fiber.

Sufficient Water Waste Water Capacity – The Corridor has plenty of water and waste water capacity for potential high-tech companies and data centers.

STREAMLINED ENTITLEMENT PROCESS

The City of Mesa has created a Planned Area Development Overlay Zone in the Corridor that reduces entitlement risk and greatly expedites the development process. Landowners may keep their current zoning until they are ready to develop their property, at which time they can opt-in to the Overlay Zone. Projects that might have taken up to six months to go through the entitlement process, may now get approval in as little as a few weeks.

DATA CENTER SALES TAX EXEMPTION

Provides sales tax exemptions for data center equipment and construction for owners, operators, and co-location tenants of computer data centers who are certified by the Arizona Commerce Authority. A qualified co-location tenant is an entity that enters into a contract with the owner or operator of a computer data center for an IT load of at least 500 kilowatts per month for a period of two or more years.

To qualify for tax relief as a new data center in Maricopa County, it requires, within five years of certification, that an owner or operator make a minimum investment of $50 million.

The qualification period is 10 calendar years from when the certification form is filed, unless the data center qualifies as a sustainable redevelopment project whereas the qualification period may then be 20 years.

A sustainable redevelopment project is defined as a data center that satisfies investment requirements described above and that occupies or will occupy the structural improvements at an existing facility that either:

was at least 50 percent vacant for six of the last 12 months before the acquisition by purchase or lease of or with respect to the facility, OR

attains certification under the Energy Star or Green Globes Standard, the Leadership in Energy and Environmental Design (LEED) green building rating standard developed by the United States Green Building Council, or an equivalent green building standard that was not previously certified under these standards.